Quote from: TheUltraElite on Today at 12:42:06 PM

Wrong question, I would rather ask why are you thinking it will not.

Do you have like a debt to pay back and you look a loan to buy bitcoin and now not seeing moon anytime soon because market has been bearish for months? If so, you took the wrong step. Bitcoin is not a get-rich-quick scheme, it is a long term game.

Above price is possible, the only factor is time. You need to give that to it. If you are in a hurry to make money, then you have lost the game already.

The factor of time is very important for both investors and traders but they all can not timing the market correctly. Timing the market is impossible and most of efforts will be failed so intelligent investors will not try to do that. Buying, storing bitcoin in safe wallets and making sure enough usable backups for recovery if necessary, holding to wait for target price but when is not too important.

It is a long term investment, with own money and with good reserved money for other usages like savings and emergency, so no need to hurry to take profit and no need to timing the market.